Energy trading in microgrids for synergies among electricity, hydrogen and heat networks

Dafeng Zhu, Bo Yang, Qi Liu, Kai Ma, Shanying Zhu, Chengbin Ma and Xinping Guan

Applied Energy, 2020, vol. 272, issue C, No S0306261920307376

Abstract: The emerging paradigm of interconnected microgrids advocates energy trading or sharing among multiple microgrids. It helps make full use of the temporal availability of energy and diversity in operational costs when meeting various energy loads. However, energy trading might not completely absorb excess renewable energy. A multi-energy management framework including fuel cell vehicles, energy storage, combined heat and power system, and renewable energy is proposed, and the characteristics and scheduling arrangements of fuel cell vehicles are considered to further improve the local absorption of the renewable energy and enhance the economic benefits of microgrids. While intensive research has been conducted on energy scheduling and trading problem, a fundamental question still remains unanswered on microgrid economics. Namely, due to multi-energy coupling, stochastic renewable energy generation and demands, when and how a microgrid should schedule and trade energy with others, which maximizes its long-term benefit. This paper designs a joint energy scheduling and trading algorithm based on Lyapunov optimization and a double-auction mechanism. Its purpose is to determine the valuations of energy in the auction, optimally schedule energy distribution, and strategically purchase and sell energy with the current electricity prices. Simulations based on real data show that each individual microgrid, under the management of the proposed algorithm, can achieve a time-averaged profit that is arbitrarily close to an optimum value, while avoiding compromising its own comfort.

Keywords: Multi-energy microgrid; Energy trading; Energy storage; Lyapunov optimization; Double-auction (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (22)

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DOI: 10.1016/j.apenergy.2020.115225

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